Damon Motorcycles has announced the completion of a $2.5 million seed financing round including Round 13 Capital and investment firms Techstars, Extreme Venture Partners and Pallasite Ventures. Built in Vancouver and founded by serial entrepreneurs Jay Giraud and Dominique Kwong, Damon Motorcycles is a two-wheel technology company that employs radical innovations in sensor fusion, robotics […]
Borealis AI Opens Vancouver Research Centre
Borealis AI officially opened its Vancouver research centre today with RBC President and CEO Dave McKay formally inaugurating the space. Borealis AI supports RBC’s innovation strategy through fundamental scientific study and exploration in machine learning theory and applications. The team aims to develop state-of-the-art and supports academic collaborations with world-class research centres in artificial intelligence. The […]
Tile Announces Canadian Expansion with Vancouver Engineering Hub
Tile announced today that it expanding into Canada with the launch of a new office in Vancouver. With continued market expansions in both Europe and Asia, this will be Tile’s first major office opening outside of its HQ in San Mateo, California. According to their press release today, Vancouver is a strategic growth location for […]
PocketPills Closes $2 Million Round, Partners with Pacific Blue Cross
Surrey-based PocketPills has closed a $2 million seed financing round led by WaterBridge Ventures and announced a partnership with British Columbia’s leading extended health care benefits provider, Pacific Blue Cross. Funding from the seed round will be used toward the company’s Canada-wide expansion. PocketPills has also announced that it will be fully licensed and operational […]
UrtheCast Receives $2 Million from the Canadian Space Agency
UrtheCast has been selected to receive $2.0 million from the Canadian Space Agency’s Space Technology Development Program. The funding was granted in two separate agreements of $1.0 million each for the development of new satellite technologies. The work is expected to start immediately and will be carried out over the next three years. “We are […]
TractionForce Hits Vancouver With or Without Lyft
Western Canada’s largest cloud technology and business transformation conference hit Vancouver today. Celebrating its seventh year, TractionForce’s 2019 edition is tagged The Collective Why and promises to share how leading organizations like Salesforce and Lyft invest in their people, process and technology to achieve success. Fashioned after Salesforce’s DreamForce mega-conference in San Francisco, Traction on […]
Canada Invests in Mangrove Technologies’ Clean Water Technology
A strong economy and a clean environment go hand-in-hand. That’s why the Government of Canada is supporting the development of technologies that lead to less pollution, healthier communities and the creation of well-paying middle-class jobs. Today, the Honourable Carla Qualtrough, Minister of Public Services and Procurement and Accessibility, on behalf of the Honourable Navdeep Bains, Minister of […]
BBTV Founder Appointed Vice-Chairperson of Invest In Canada
BroadbandTV’s Shahrzad Rafati has been appointed Vice-Chairperson of Invest in Canada. Rafati will jointly oversee the management of the federal agency alongside Chairman Mitch Garber and CEO Ian McKay. As Invest in Canada looks to achieve its objectives of facilitating foreign direct investment, Shahrzad’s addition to its board of directors further builds on the firm’s […]
Mobile Bike Shop Operator Velofix Rides Off With Funding
Velofix has closed a financing round with MKB Partners Fund LP, a growth equity fund focused on the clean energy, transportation, and smart city sectors. MKB’s investment will help North America’s leading Mobile Bike Shop operator expand their geographic footprint, enhance its technological backbone, scale its marketing efforts and generally support velofix’s growth. Cycling industry […]
Vancouver-born Fintech Startup Koho Raises $42 Million
Now Toronto-headquartered KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures, including Greyhound Capital and other strategic investors. KOHO will use this investment to further accelerate its growth and build new products and services. The announcement comes as the Vancouver-born fintech startup continues to see rapid growth. In […]